Policies in Poverty Reduction Strategy Papers: dominance or diversity?

Meg Elkins · Simon Feeny

6 citations0/0 files storedCanadian Journal of Development Studies/Revue canadienne d études du développement

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International Development and Aid Income, Poverty, and Inequality Human Rights and Development

Abstract

Poverty Reduction Strategy Papers (PRSPs) were introduced in 1999 by the World Bank and International Monetary Fund as a requirement for Heavily Indebted Poor Countries (HIPCs) to gain access to debt relief and concessional loans. They signalled a new focus by including a participatory framework of “nationally driven” policies. Employing 81 PRSPs for 58 countries, published during 2000–2008, this paper develops a unique scorecard to evaluate the alignment of policies in PRSPs with three dominant development paradigms. It finds that the New York Consensus, which was forged around the Millennium Development Goals (MDGs), is driving the content of PRSPs, while the Washington Consensus and Post-Washington Consensus have become secondary influences. This could be the first step in breaking down the hegemony of perceived ideas in the development policy landscape.

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2018The Millennium Development Goals Report 1997Openness, Productivity and Growth: What Do We Really Know?2018What Washington Means by Policy Reform 1990Latin American adjustment: how much has happened?2005Investing in development : a practical plan to achieve the Millennium Development Goals 2008Goodbye Washington Consensus, hello Washington confusion?: A review of the World Bank's 'Economic growth in the 1990s: Learning from a decade of reform'1993Democracy and the “Washington consensus”2006Goodbye Washington Consensus, Hello Washington Confusion? A Review of the World Bank's Economic Growth in the 1990s: Learning from a Decade of Reform

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